The Federal Reserve System is charged with:

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BlackTom AI · Accepted Answer

The question asks about the mandate of the Federal Reserve System and provides five answer choices. 
Option 1: 'conducting monetary policy.' This is a core function of the Fed, since it sets policy instruments like the federal funds rate and conducts open market operations to influence money supply and interest rates. However, on its own it is incomplete because it omits the Fed's role in providing services to financial institutions. 
Option 2: 'regulating securities exchanges.' While the Fed interacts with financial markets and the broader economy, the regulation of securities exchanges is primarily the domain of the Securities and Exchange Commission (SEC). Thus this statement misattributes regulatory responsibility. 
Option 3: 'conducting monetary policy and providing payment and other services to a variety of institutions.' This option captures the Fed’s dual mandate: it conducts monetary policy and also provides a broad range of services—such as payment, settlement, and other services—to depository institutions and other entities. It accurately reflects the Fed’s comprehensive mission. 
Option 4: 'setting bank prime rates.' Individual banks set their own prime rates based on market conditions and internal considerations; the Fed does not set a single bank prime rate. This description misstates the Fed’s responsibilities and overgeneralizes how rates are determined. 
Option 5: 'providing payment and other services to a variety of institutions.' While this describes part of the Fed’s role, it omits the monetary policy aspect. Therefore, it presents an incomplete view of the Fed’s charged duties. 
Across the options, the distinctions hinge on completeness (Option 3 includes both monetary policy and services) versus partial or incorrect attributions. The most accurate and complete characterization combines both primary functions with the Fed’s broad service role, aligning with the institution’s intended purpose.

The Federal Reserve System is charged with:

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The Federal Reserve System is charged with:

查看解析

登录即可查看完整答案

类似问题

Which of the following statements is not the responsibility of the RBA?

The chair of the Federal Open Market Committee is

The Federal Reserve System is a(n)

The four major functions of the Federal Reserve Bank are to

Part 1The primary reason for the creation of the Federal Reserve System LOADING... ​was:Part 2 A. to create a single central bank similar to the Bank of England. B. to reduce or eliminate future bank panics. C. to eliminate​ state-chartered banks. D. to stabilize​ short-term interest rates.

Under the European System of Central Banks, the Governing Council is similar in structure to the ________ of the Federal Reserve System.

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希望你的学习变得更简单

Part 1The primary reason for the creation of the Federal Reserve System LOADING... was:Part 2 A. to create a single central bank similar to the Bank of England. B. to reduce or eliminate future bank panics. C. to eliminate state-chartered banks. D. to stabilize short-term interest rates.